{"id":81167,"date":"2023-07-04T10:27:21","date_gmt":"2023-07-04T07:27:21","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=81167"},"modified":"2025-09-11T21:19:32","modified_gmt":"2025-09-11T18:19:32","slug":"nasdaq-updates-its-filing-for-blackrocks-bitcoin-etf-listing","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/nasdaq-updates-its-filing-for-blackrocks-bitcoin-etf-listing\/","title":{"rendered":"Nasdaq updates its filing for BlackRock&#8217;s Bitcoin ETF listing"},"content":{"rendered":"<p>Nasdaq has added Coinbase as a partner for joint market surveillance in the updated <a href=\\\"https:\/\/listingcenter.nasdaq.com\/assets\/rulebook\/NASDAQ\/filings\/SR-NASDAQ-2023-016_Resubmission.pdf\\\">the 19b-4 form<\/a> for the spot Bitcoin-<a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-cryptocurrency-etf\">ETF<\/a> from <a href=\"https:\/\/forklog.com\/en\/news\/blackrock-files-for-bitcoin-etf-launch\">BlackRock<\/a>.<\/p>\n<p>According to the statement, Nasdaq reached a preliminary agreement with the crypto company. The final agreement is expected to be signed before trading begins.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>&#8220;It is expected that the Spot BTC SSA will become a bilateral market-surveillance arrangement between Nasdaq and Coinbase, designed to complement the exchange&#8217;s respective program,&#8221; the document says.<\/p>\n<\/blockquote>\n<p>This move followed reports that last week the U.S. Securities and Exchange Commission (SEC) <a href=\"https:\/\/forklog.com\/en\/news\/wsj-reports-sec-reaction-to-blackrock-and-fidelity-spot-bitcoin-etf-filings\">warned<\/a> Nasdaq and <span data-descr=\\\"Chicago Board Options Exchange\\\" class=\\\"old_tooltip\\\">CBOE<\/span> regarding filings for spot Bitcoin ETFs by BlackRock, <a href=\"https:\/\/forklog.com\/en\/news\/fidelity-investments-files-for-spot-bitcoin-etf\">Fidelity<\/a> and others. The regulator deemed them not to be &#8216;clear and comprehensive&#8217;.<\/p>\n<p><a href=\"https:\/\/forklog.com\/en\/news\/wisdomtree-and-invesco-file-applications-to-launch-bitcoin-etfs\">Invesco<\/a>, VanEck, 21Shares, <a href=\"https:\/\/forklog.com\/en\/news\/wisdomtree-and-invesco-file-applications-to-launch-bitcoin-etfs\">WisdomTree<\/a> and Fidelity promptly submitted to the SEC <a href=\"https:\/\/forklog.com\/en\/news\/fidelity-and-others-amend-filings-for-bitcoin-etf-after-sec-reaction\">revised proposals<\/a>. Corresponding changes to the 19b-4 form were made by their purported exchange partner CBOE. BlackRock had previously included a joint-surveillance mechanism in the filing.<\/p>\n<p>Analysts at Bernstein believe that the SEC will not be able to stick to its negative stance toward spot ETFs based on the first cryptocurrency for long. Experts noted that the regulator has already approved futures-based Bitcoin funds (<a href=\"https:\/\/forklog.com\/en\/news\/sec-quietly-approves-first-futures-based-bitcoin-etf\">ProShares<\/a> and <a href=\"https:\/\/forklog.com\/en\/news\/sec-approves-futures-based-bitcoin-etfs-from-vaneck-and-valkyrie-investments\">Valkyrie Investments<\/a>), including with leverage from <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-price-breaks-through-31000-level\">Volatility Shares<\/a>.<\/p>\n<p>Earlier, Circle CEO Jeremy Allaire <a href=\"https:\/\/forklog.com\/en\/news\/ceo-circle-regulators-have-made-progress-on-the-bitcoin-etf\">predicted<\/a> that the recent wave of filings to launch spot ETFs based on digital gold would lead to SEC approval.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nasdaq has named Coinbase as a partner for joint market surveillance in the updated 19b-4 form for BlackRock&#8217;s spot Bitcoin ETF.<\/p>\n","protected":false},"author":1,"featured_media":81168,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[865,768,1211],"class_list":["post-81167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blackrock","tag-nasdaq","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=81167"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81167\/revisions"}],"predecessor-version":[{"id":81169,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81167\/revisions\/81169"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/81168"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=81167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=81167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=81167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}